https://www.taxtmi.com/caselaws?id=268592 The Tribunal partially allowed the appeal concerning the confiscation of rough marble blocks for unauthorized importation. The redemption fine and penalty imposed under the Custom Act, 1962 were reduced to 20% of the CIF value for redemption fine and 5% of CIF value for the penalty, following the application of a specific Supreme Court judgment. The Tribunal considered the appellant's plea for reduction based on previous judgments and decided in favor of the appellant based on the similarity of facts to the cited judgment. en-us Wed, 15 Jul 2015 00:00:00 +0530 Sat, 28 Nov 2015 01:22:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268592 The Tribunal partially allowed the appeal concerning the confiscation of rough marble blocks for unauthorized importation. The redemption fine and penalty imposed under the Custom Act, 1962 were reduced to 20% of the CIF value for redemption fine and 5% of CIF value for the penalty, following the application of a specific Supreme Court judgment. The Tribunal considered the appellant's plea for reduction based on previous judgments and decided in favor of the appellant based on the similarity of facts to the cited judgment. Case-Laws Customs Wed, 15 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268592